Celanese May Reward Shareholders Handsomly After Near-Term Uncertainty Abates (NYSE:CE)
Core Viewpoint - Celanese, a chemicals company, has seen its stock drop over 70% despite previously strong earnings during the post-Covid boom, leading to uncertainty about its future performance [1]. Group 1: Company Overview - Celanese operates through two segments: Engineered Materials, which accounts for 55% of 2024 sales, and Acetyl Chain, contributing 45% [1]. Group 2: Market Performance - The company recorded spectacular earnings during the post-Covid period but has since faced a significant decline in stock value [1].